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Hyundai Steel Develops Ultra-high Strength Steel Plates for EVs

Hyundai Steel Develops Ultra-high Strength Steel Plates for EVs

SEOUL, Jan. 27 (Korea Bizwire) — Hyundai Steel Co., South Korea’s No. 2 steelmaker, said Wednesday it had developed a premium 1.5GPa martensitic (MS) steel plate to be used for eco-friendly vehicles. The premium 1.5GPa MS steel plate is flatter and has a higher crack resistance than any other in the same product category. Thanks [...]

U.S. Imposes 11.7 pct Duty on Steel Plate Imports from POSCO

U.S. Imposes 11.7 pct Duty on Steel Plate Imports from POSCO

WASHINGTON, Mar. 31 (Korea Bizwire) — The U.S. Department of Commerce decided Thursday to impose an 11.7 percent duty on carbon and alloy steel plate imports from South Korea’s steel giant POSCO. The penalty is slightly higher than the department’s preliminary decision made in November to impose a 7.46 percent duty on POSCO products, but [...]